Assumed Reinsurance Asbestos Claims Representative/Senior Representative
Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.
At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.
Corporate Claims is currently seeking a Claims Representative/Senior Claims Representative/Claim Specialist to join the Reinsurance Claims department located in Cincinnati, Ohio. Great American’s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in‑office days are Tuesday–Thursday, with the fourth day determined by business needs. Open to full-time work from home for candidates living outside of greater Cincinnati.
The job grade will be commensurate with the years of experience and skill level of the candidate hired for the position.
Responsibilities
This individual will be part of a team responsible for the daily handling of reinsurance claims, including:
- Reviews assumed reinsurance claims comprised primarily of asbestos, environmental, and other long-tail claims.
- Ensures that reinsurance claim cessions are within applicable contract requirements.
- Verifies coverage and cession amounts, and requests information from ceding companies to evaluate claim cessions.
- Prepares claim summaries on billed claims, posts claim reserves and prepares support for claim payments.
- Identifies potential claims issues and makes recommendations to management regarding claim disposition.
- Communicates reinsurance coverage positions as directed by management.
- Alerts management of substantial losses.
- Assists management with the preparation of summaries on significant losses for monthly reports to senior management.
- Documents and maintains records of loss submissions, reserves, queries, and payments.
- Ensure reinsurance claim transactions are recorded in a timely and accurate manner.
- Participates in reinsurance projects as needed.
- Provides guidance and assistance to other functional areas.
- Performs other duties as assigned.
Qualifications
- Bachelor’s degree or equivalent experience.
- Experience: 0-10 years of reinsurance claims experience. Some knowledge of reinsurance is preferred.
- Proficiency in Microsoft365 suite of products, specifically Excel.
- Familiarity with reinsurance contracts is a plus.
- Professional writing and oral communication skills.
- Ability to manage and prioritize concurrent assignments and responsibilities
This job is non-exempt in California and Washington
Business Unit:
Corporate Claims
Salary Range:
Benefits:
We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.
*Excludes seasonal employees and interns.
Skills Required
- Bachelor's degree or equivalent experience
- Experience in reinsurance claims (0-10 years)
- Proficiency in Microsoft 365, specifically Excel
- Familiarity with reinsurance contracts
- Professional writing and oral communication skills
- Ability to manage and prioritize concurrent assignments
Great American Insurance Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Great American Insurance Group and has not been reviewed or approved by Great American Insurance Group.
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Leave & Time Off Breadth — PTO, paid holidays, and paid parental leave are positioned as generous from the first year. These time‑off provisions are seen as core strengths of the total package.
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Healthcare Strength — Health coverage includes comprehensive medical, dental, and vision options supported by HSA and FSA programs. Wellness resources such as EAP access, fitness facilities or reimbursements, and instructor‑led classes broaden the offering.
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Retirement Support — Immediate 401(k) eligibility with a competitive company match and potential discretionary retirement contributions support long‑term savings. An employee stock purchase option and various discounts further reinforce financial benefits.
Great American Insurance Group Insights
What We Do
Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. We have more than 30 specialty property and casualty insurance businesses, and in 2021, approximately 50% of our gross written premium in our property and casualty operations was generated by business units with a Top 10 market ranking. Great American Insurance Company has received an "A" (Excellent) or higher rating from the AM Best Company for more than 110 years (most recent rating evaluation of "A+" (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio.
